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Message: Button group ltd in Receivership?

Button group ltd in Receivership?

posted on Sep 23, 2009 08:57AM

Go to:

http://wck2.companieshouse.gov.uk/b6221742508b1b94a2767bfd45411495/compdetails

As you see, the status of the company is given as "R" and the help file defines this as "In receivership".

Unless I am misinterpreting this, I think it means that the brown stuff appears to have finally hit the extractor.

Futuremedia PLC says "Voluntary Arrangement" - but as Button is the lion's share of what little remains, I presume things may happen here too..

So, IMHO, thousands of elderly US citizens can probably finally wave goodbye to their retirement fund investment here....

.... left to fry by the regulators.

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